Eagle Asset Management Has Upped Its Allegion Plc (ALLE) Position; 4 Analysts Bullish POSCO (PKX)

February 15, 2018 - By Clifton Ray

Eagle Asset Management Inc increased Allegion Plc (ALLE) stake by 12.53% reported in 2017Q3 SEC filing. Eagle Asset Management Inc acquired 35,817 shares as Allegion Plc (ALLE)’s stock rose 7.90%. The Eagle Asset Management Inc holds 321,696 shares with $27.84M value, up from 285,879 last quarter. Allegion Plc now has $7.81B valuation. The stock increased 2.73% or $2.18 during the last trading session, reaching $82.15. About 336,189 shares traded. Allegion plc (NYSE:ALLE) has risen 17.63% since February 15, 2017 and is uptrending. It has outperformed by 0.93% the S&P500.

Among 7 analysts covering POSCO (NYSE:PKX), 4 have Buy rating, 2 Sell and 1 Hold. Therefore 57% are positive. POSCO had 9 analyst reports since August 31, 2015 according to SRatingsIntel. The rating was downgraded by HSBC to “Reduce” on Friday, April 15. The stock of POSCO (NYSE:PKX) earned “Overweight” rating by JP Morgan on Tuesday, April 5. The firm has “Hold” rating given on Monday, August 31 by Zacks. The firm has “Buy” rating by Nomura given on Thursday, January 26. Macquarie Research upgraded the stock to “Outperform” rating in Thursday, July 21 report. Standpoint Research downgraded POSCO (NYSE:PKX) on Monday, August 7 to “Hold” rating. Goldman Sachs upgraded POSCO (NYSE:PKX) on Tuesday, January 2 to “Buy” rating. The stock of POSCO (NYSE:PKX) has “Sell” rating given on Monday, May 9 by CLSA. The company was downgraded on Thursday, September 3 by Macquarie Research. See POSCO (NYSE:PKX) latest ratings:

02/01/2018 Broker: Goldman Sachs Old Rating: Neutral New Rating: Buy Upgrade

The stock increased 0.58% or $0.5 during the last trading session, reaching $86.09. About 83,230 shares traded. POSCO (NYSE:PKX) has risen 41.43% since February 15, 2017 and is uptrending. It has outperformed by 24.73% the S&P500.

POSCO manufactures and sells steel rolled products and plates in South Korea and internationally. The company has market cap of $27.07 billion. It operates through four divisions: Steel, Construction, Trading, and Others. It has a 12.71 P/E ratio. The firm offers hot and cold rolled steel, steel plates, wire rods, galvanized and electrical galvanized steel, electrical and stainless steel, automotive materials, titanium, magnesium, and aluminum-plated products.

Eagle Asset Management Inc decreased Akebia Therapeutics Inc (NASDAQ:AKBA) stake by 481,818 shares to 3.04 million valued at $59.63M in 2017Q3. It also reduced Teradyne Inc (NYSE:TER) stake by 196,180 shares and now owns 772,591 shares. Ansys Inc (NASDAQ:ANSS) was reduced too.

Investors sentiment increased to 1.41 in Q3 2017. Its up 0.30, from 1.11 in 2017Q2. It is positive, as 17 investors sold ALLE shares while 97 reduced holdings. 47 funds opened positions while 114 raised stakes. 77.00 million shares or 4.96% less from 81.02 million shares in 2017Q2 were reported. Janney Montgomery Scott Ltd Liability Co reported 0.01% of its portfolio in Allegion plc (NYSE:ALLE). Jane Street Gru Ltd Liability invested in 10,277 shares or 0% of the stock. Credit Suisse Ag reported 204,505 shares stake. Oakbrook Ltd Liability Corporation has invested 0.03% of its portfolio in Allegion plc (NYSE:ALLE). The Utah-based Utah Retirement has invested 0.03% in Allegion plc (NYSE:ALLE). Yorktown Management And Company reported 3,700 shares stake. Etrade Capital Mgmt Ltd Liability Co holds 0.01% in Allegion plc (NYSE:ALLE) or 3,720 shares. Regions Finance invested in 2,796 shares or 0% of the stock. Kentucky Retirement Systems has invested 0.04% in Allegion plc (NYSE:ALLE). Suntrust Banks Inc holds 3,940 shares or 0% of its portfolio. Swiss Bancorporation reported 0.03% of its portfolio in Allegion plc (NYSE:ALLE). Brown Brothers Harriman And holds 336 shares or 0% of its portfolio. Cornerstone holds 0% or 12 shares in its portfolio. Mitsubishi Ufj Trust invested in 190,762 shares or 0.03% of the stock. Bessemer Group Incorporated has 0.47% invested in Allegion plc (NYSE:ALLE) for 1.37 million shares.

Among 13 analysts covering Allegion PLC (NYSE:ALLE), 10 have Buy rating, 0 Sell and 3 Hold. Therefore 77% are positive. Allegion PLC had 29 analyst reports since August 3, 2015 according to SRatingsIntel. CLSA upgraded Allegion plc (NYSE:ALLE) on Friday, February 12 to “Buy” rating. The rating was upgraded by Imperial Capital on Thursday, January 14 to “Outperform”. On Wednesday, September 23 the stock rating was initiated by Credit Suisse with “Outperform”. Credit Suisse maintained Allegion plc (NYSE:ALLE) on Monday, May 1 with “Buy” rating. The company was maintained on Friday, January 12 by Susquehanna. Robert W. Baird maintained the stock with “Hold” rating in Thursday, October 26 report. Wells Fargo initiated Allegion plc (NYSE:ALLE) on Wednesday, September 9 with “Outperform” rating. On Monday, September 25 the stock rating was maintained by Robert W. Baird with “Hold”. As per Friday, May 5, the company rating was maintained by Imperial Capital. The company was initiated on Wednesday, November 18 by Bank of America.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter: